sharke
Would the bank not charge you a fee in the case of a payment being declined?
No, I never have been in what is essentially a debit card transaction.This happened just last month, a web hosting autorenewal was declined because I forgot to transfer money into the account. The payment failed, I just went to my web host account page and made the payment directly a couple of day later, no fees charged. Can't say how anyone else's bank would handle it, but it's never been a problem with any bank I've used. I think it's just treated like going to the grocery store to buy milk if I didn't have enough money in my account, or trying to withdraw money that isn't there at an ATM. Transaction declined, oops. An electronic check might be treated differently. Anyway, Cleverbridge replied that they had cancelled my subscription directly, anyone worried about it might want to go that route.